AI Jobs Boom, Skin Colour Bias, and More: 5 AI Developments You May Have Missed Today
LinkedIn data shows a significant increase in AI-related job postings over the past two years. Sony research has uncovered a previously unnoticed factor of skin color in AI bias testing. Vyzer has successfully obtained $6.3 million in seed funding for its AI-powered wealth management platform. The Google Pixel 8 series boasts numerous cutting-edge generative AI capabilities. These are just a few highlights from today’s news roundup.
1. LinkedIn data reveals dramatic two-year rise in AI-related job postings
LinkedIn data reveals that between July 2021 and July 2023, the number of job postings mentioning artificial intelligence or generative artificial intelligence more than doubled worldwide. In some countries, such as Great Britain, Germany and France, the increase was even higher. This trend spans multiple industries, with demand for AI skills emerging in roles ranging from AI engineers to digital product managers to cybersecurity consultants, signaling a significant impact on the job market, CNBC reported.
2. Sony’s research reveals that skin color is an overlooked perspective in artificial intelligence bias testing
Sony researchers claim that AI bias tests need to consider red and yellow skin tones, not just lightness or darkness. They propose a “multidimensional” approach to measuring skin color for more versatile and representative AI systems. Previous studies have highlighted prejudice, particularly against dark-skinned women. Companies like Google and Meta have introduced skin tone scales to improve the accuracy of AI systems, according to a report by The Verge.
3. Vyzer Secures $6.3M in Seed Funding for AI-Based Wealth Management Platform
Vyzer, a digital wealth management platform, has received $6.3 million in a seed round from venture capitalists, angel investors and family firms such as iAngels, MonetaVC and others. The platform provides financial analysis, advanced planning, automation and analytics using artificial intelligence. Vyzer aims to democratize wealth management by removing the need for traditional, expensive models and financial advisors, making it accessible and understandable to everyday investors. The funds will be used to improve artificial intelligence capabilities and expand market presence. Founded by Litan Yahav, Tomer Salvi and Guy Gamzu, Vyzer has offices in Israel and New York, Calcalist reports.
4. Google’s Pixel 8 series is loaded with innovative creative AI features
Google’s Pixel 8 series has been released, and the phones feature creative AI enhancements, including on-demand summaries, translations, and the ability to read articles and web pages aloud via Google Assistant. Assistant can quickly summarize web content and provide related follow-up prompts. It also translates text into multiple languages and reads it aloud in supported languages, offering playback controls and skip options to enhance the Pixel 8 and Pixel 8 Pro user experience.
5. Google’s vision: Using virtual assistants with generative artificial intelligence to enhance task support
Google plans to integrate creative artificial intelligence features into its virtual assistant, so it can help with things like planning a trip and managing e-mail. The company aims to incorporate the features of the Bard chatbot into a virtual assistant that provides personalized service and reasoning on mobile devices. Google is competing with other tech companies such as Meta Platforms, Amazon.com and Microsoft to integrate generative AI into their products.
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